Billionaire Richard Branson To Raise $400 Million

1 просмотров 17.09.2020 00:00:32

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Business Insider reports that billionaire Richard Branson is looking to raise $400 million. A filing showed that Branson is looking to raise the money in a special purpose acquisition company. VG Acquisition Corp is the name of the new company. It intends to sell 40 million units at a price of $10 per unit. The company said it plans to search for targets that operate in consumer-facing industries in US and Western Europe.

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Billionaire, Richard, Branson, Raise, Million